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GMI Cloud, an AI-native cloud delivering high-performance GPU infrastructure and inference services, today announced $668 million in new financing, comprising $223 million in equity for Series B and a $445 million credit facility led by CTBC. The Series B was led by ARCHIV, a new investment firm based in San Francisco that specializes in AI and robotics, with participation from NVIDIA. This round saw strong participation from investors across the Asia-Pacific region, including DSC Investment, Tr
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KT Corporation (NYSE:KT) is one of the Best Telecom Services Stocks to Buy According to Analysts. The stock’s average analyst price target implies 28.83% upside, with the consensus rating of Hold. On July 6, news agency Yonhap reported that KT plans to invest about 18 trillion won, or roughly $11.8 billion, as part of its […]
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KT is in the latest 13F portfolio of 1 of the gurus we follow.